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Post by Deleted on Feb 22, 2016 13:08:36 GMT
One thing I LOVE us some of the more articulate teds shooting the "well, no excuses now Rovers, you've always said we are bigger because of money and now you have no excuses"
The reason I love it is because it infers that their relative success ISNT about Lansdown. The veiled assumption is that we will fail even with money - because, presumably, we are such bad supporters?
If we are talking comparisons - £55 million pounds were spent in the last attempt. Let's see how we do with the first £55m (assuming we even get that level of investment).
Sadly, the less articulate are picking on his family name and generally assuming he is some sort of radical Islamist because he is from the Middle East - despite, if I may characterise him as such, being about as westernised as any of us - educated in England and US, big football fan, no flowing robes - they aren't oil men, different to a sheik who accidentally pitched his wigwam on 30 billions barrels of oil.
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Post by Deleted on Feb 22, 2016 13:18:18 GMT
The new chairman said on Friday that there was 20 prem teams richer than us which is all of them, I don't know what to believe Realistically, the family and/or Wael's wealth isn't going to be watered away on our lot. With the TV deal coming in next year and the one already in place, it doesn't surprise me that all of the PL clubs are well ahead of us financially. I think the actual financial power of BRFC will be a bit more understated than people think, but as long as there is enough money for 1) wiping out debts, 2) providing UWE with Mem funding, 3) improved youth and training facilities, 4) improved commercial side to the club, and 5) competitive playing budget, I am happy.
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Post by Deleted on Feb 22, 2016 13:26:04 GMT
The new chairman said on Friday that there was 20 prem teams richer than us which is all of them, I don't know what to believe Realistically, the family and/or Wael's wealth isn't going to be watered away on our lot. With the TV deal coming in next year and the one already in place, it doesn't surprise me that all of the PL clubs are well ahead of us financially. I think the actual financial power of BRFC will be a bit more understated than people think, but as long as there is enough money for 1) wiping out debts, 2) providing UWE with Mem funding, 3) improved youth and training facilities and 4) improved commercial side to the club, and 5) competitive playing budget, I am happy. Me too but I fear our fans may turn on them "get your cheque book out" and expect too much too soon. My own profession is judged at 3 year intervals as do most businesses. I won't be expecting much until 2019, it takes that long to turn a ship around.
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Post by Deleted on Feb 22, 2016 13:29:06 GMT
Realistically, the family and/or Wael's wealth isn't going to be watered away on our lot. With the TV deal coming in next year and the one already in place, it doesn't surprise me that all of the PL clubs are well ahead of us financially. I think the actual financial power of BRFC will be a bit more understated than people think, but as long as there is enough money for 1) wiping out debts, 2) providing UWE with Mem funding, 3) improved youth and training facilities and 4) improved commercial side to the club, and 5) competitive playing budget, I am happy. Me too but I fear our fans may turn on them "get your cheque book out" and expect too much too soon. My own profession is judged at 3 year intervals as do most businesses. I won't be expecting much until 2019, it takes that long to turn a ship around. All goes with the stereotypes of rich, foreign owners I'm afraid.
Notice the amount of people going on about kit changes, badge changes etc. They're expecting a 'spend everything and go bust' type approach (as seen at Notts County, Pompey etc.) but I think Al-Qadi sees it very differently. Your 3-year-intervals are probably a good way of measuring things, although I would like to see some plans and clarification re: the new stadium by the start of next season ideally. Probably the first marker.
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Post by garystash on Feb 22, 2016 13:34:34 GMT
Despite the fact it's hardly relevant, I'm really confused as to how anybody thinks Google will tell you how rich someone is.
My bank account is not public knowledge and I doubt the Al-Qadi's family one is either.
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Post by xplosivgas on Feb 22, 2016 13:38:48 GMT
Bored on a lunchtime, I found an article saying the Jordan bank's asset value is £1.72 billion. The family own about 32% of shares in the bank, so that's about £550 million. Then they have other business interests outside of the bank on top of that. So pretty rich based on that! www.footballeconomy.com/content/bristol-rovers-taken-over
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Post by Deleted on Feb 22, 2016 13:38:52 GMT
I've seen them in the same bed at the same time. I wondered who was in the gimp suit. Aghast did while it was his turn to film...
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Post by Topper Gas on Feb 22, 2016 13:49:22 GMT
Bored on a lunchtime, I found an article saying the Jordan bank's asset value is £1.72 billion. The family own about 32% of shares in the bank, so that's about £550 million. Then they have other business interests outside of the bank on top of that. So pretty rich based on that! www.footballeconomy.com/content/bristol-rovers-taken-overBut who own the banks "assests" the Al-Qada's or the customers who deposit their savings etc with them? Although they took over HSBC business in the region so they clearly have some clout? Regardless if they are worth £100m or £1 billion they clearly have more dosh than NH plus they own a bank so don't have to worry about MSP type interest rates!
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Post by Deleted on Feb 22, 2016 13:52:04 GMT
Bored on a lunchtime, I found an article saying the Jordan bank's asset value is £1.72 billion. The family own about 32% of shares in the bank, so that's about £550 million. Then they have other business interests outside of the bank on top of that. So pretty rich based on that! www.footballeconomy.com/content/bristol-rovers-taken-overBut who own the banks "assests" the Al-Qada's or the customers who deposit their savings etc with them? Although they took over HSBC business in the region so they clearly have some clout? Regardless if they are worth £100m or £1 billion they clearly have more dosh than NH plus they own a bank so don't have to worry about MSP type interest rates! HSBC, Britain’s largest bank by assets, posted a loss of $1.33 billion for the three months ending Dec. 31,
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Post by Topper Gas on Feb 22, 2016 13:54:18 GMT
Just as well they bought the middle east part of the business then!
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Post by Antonio Fargas on Feb 22, 2016 14:00:19 GMT
Bored on a lunchtime, I found an article saying the Jordan bank's asset value is £1.72 billion. The family own about 32% of shares in the bank, so that's about £550 million. Then they have other business interests outside of the bank on top of that. So pretty rich based on that! www.footballeconomy.com/content/bristol-rovers-taken-overBut they don't own the assets of the bank, any more than Barclays own the money I have in my account.
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Post by Henbury Gas on Feb 22, 2016 14:09:35 GMT
Please don't mix up holdings with Asset Value two completely different things
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Post by Antonio Fargas on Feb 22, 2016 14:11:56 GMT
Please don't mix up holdings with Asset Value two completely different things Explain it then, coz I get confused giving out my son's pocket money.
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Post by Henbury Gas on Feb 22, 2016 14:32:42 GMT
Please don't mix up holdings with Asset Value two completely different things Explain it then, coz I get confused giving out my son's pocket money. Holdings - value of Money the bank holds in its accounts Asset Value - Value of the company on stock exchanges etc
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Post by baggins on Feb 22, 2016 14:33:44 GMT
Please don't mix up holdings with Asset Value two completely different things Explain it then, coz I get confused giving out my son's pocket money. By my reckoning, he owes you £14k in back taxes.
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Post by Deleted on Feb 22, 2016 14:38:28 GMT
Bored on a lunchtime, I found an article saying the Jordan bank's asset value is £1.72 billion. The family own about 32% of shares in the bank, so that's about £550 million. Then they have other business interests outside of the bank on top of that. So pretty rich based on that! www.footballeconomy.com/content/bristol-rovers-taken-overBut they don't own the assets of the bank, any more than Barclays own the money I have in my account. But they do own your money. They hold it, they invest it. They use it to borrow more, and invest that to make more money.....all to make them money. However, when they feck up, well, it's you that has to pay.
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Post by RD on Feb 22, 2016 14:49:14 GMT
The new chairman said on Friday that there was 20 prem teams richer than us which is all of them, I don't know what to believe Indeed he did! Notice he didn't say any Championship teams were though.....
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Post by bemmygas on Feb 22, 2016 15:32:38 GMT
But who own the banks "assests" the Al-Qada's or the customers who deposit their savings etc with them? Although they took over HSBC business in the region so they clearly have some clout? Regardless if they are worth £100m or £1 billion they clearly have more dosh than NH plus they own a bank so don't have to worry about MSP type interest rates! HSBC, Britain’s largest bank by assets, posted a loss of $1.33 billion for the three months ending Dec. 31, But they ended the year with profits of £15 Billion.
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